
Homes for Rent in Indianapolis, IN Under $1,200 (312 Rentals) Page 6 of 7


239 N Tacoma Ave

918 N Kealing Ave

4835 N Bolton Ave

336 Prospect St

471 N State Ave

6005 Dickson Rd

1528 E Gimber St

1322 Norton Ave

6226 East 21st St

409 S Dearborn St

1910 Southeastern Ave

2351-2351 Lasalle St

524 1/2 E Raymond St

2605 Guilford Ave

263 S Chester Ave

1540 N Grant Ave

2831 N Kenwood Ave

1948 Shelby St

340 Prospect St

5959 E 24th St

3014 W 10th St

5959 E 24th St

1221 N Oxford St

1223 N Oxford St

1518 Hiatt St

5961 Rawles Ave

841 N Emerson Ave

3736 N Meridian St

530 N Chester Ave

3004 E Michigan St

1525 Villa Ave

856 N Bradley Ave

960 N Drexel Ave

301.5 N Temple Ave

1344 Burdsal Pkwy

8056 Pebble Creek Ct

6134 Hillside Ave

1106 N Gale St

3725 N Sherman Dr

2215 E 56th St

890 N Gladstone Ave

520 N Moreland Ave

2 E Washington St

117 E Palmer St

1131 N Rural St

1129 N Rural St

701 W Hanna Ave
Indianapolis, IN Local Guide

How much does it cost to rent a home in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianapolis 2 Bedroom Homes for Rent | $1,420 | $745 | $3,800 |
| Indianapolis 3 Bedroom Homes for Rent | $1,798 | $900 | $3,985 |
| Indianapolis 4 Bedroom Homes for Rent | $2,199 | $1,095 | $5,500 |
| Indianapolis 5 Bedroom Homes for Rent | $2,863 | $1,550 | $8,950 |
| Indianapolis 6 Bedroom Homes for Rent | $3,195 | $2,150 | $6,000 |
Browse Top Homes for Rent in Indianapolis
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Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Indianapolis
What type of rentals are currently available in Indianapolis?
There are currently 1718 Apartments for Rent in Indianapolis, IN with pricing that ranges from $563 to $22,274. There are also 1949 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $275 to $8,950.
What is the current price range for Rental Homes in Indianapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Indianapolis ranges from $275 to $8,950 with an average monthly rent of $1,804.
How much are larger Three and Four Bedroom Rentals in Indianapolis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Indianapolis range from $925 to $10,855, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,985. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $600.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

